Populists on left and right are poised to make significant gains in elections for the European Parliament, possibly complicating trade negotiations with the U.S. Source: NYT > Business – JACK EWING
Trump’s Tariffs, Once Seen as Leverage, May Be Here to Stay
The president’s latest trade measures have left the United States with the highest tariff rate among the most developed countries, outranking Canada, Germany, Russia and even China. Source: NYT > Business – ANA SWANSON
Are Trump’s Tariffs Bolstering the U.S. Economy? Nope
President Trump says that his protectionist trade policies have accelerated economic growth, but little evidence supports that claim. Source: NYT > Business – JIM TANKERSLEY
Europe Not Feeling Much Pain From Trump Tariffs, Central Bank Says
A study by the European Central Bank says that tariffs on steel and aluminum have caused only modest economic damage, but have rattled business confidence. Source: NYT > Business – JACK EWING
France and Belgium Refuse Support for New Trade Talks With the U.S.
The decision doesn’t mean a halt to the negotiations, but the rift is practically unheard-of in the bloc’s recent history. Source: NYT > Business – MILAN SCHREUER
U.S.-China Trade Talks Face Big Obstacle: Ensuring That Promises Are Kept
American negotiators, worried that Beijing will drag its feet on sticking to the provisions of a deal, want a way to punish failures to comply. Their Chinese counterparts may not go along. Source: NYT > Business